DESJARDINS RI CANADA - NET-Z (DRMC.CA) Stock Technical Analysis
Canada - TSX:DRMC - CA25060H1064 - ETF
Taking everything into account, DRMC scores 5 out of 10 in our technical rating. DRMC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
DRMC has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
31.87
2 important support areas can be observed.
- A support zone ranging from 38.48 to 38.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.19 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 38.99 to 40.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DRMC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRMC.CA is neutral. |
| ChartMill Relative Strength | 63.6 | NEUTRAL | DRMC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRMC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DRMC.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRMC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.23 | NEUTRAL | The RSI value for DRMC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DRMC.CA has a negative trend. |
| Stochastics (14,3) | 39.91 | NEUTRAL | The Stochastics value for DRMC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for DRMC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.42 | NEGATIVE | The low ADX value for DRMC.CA suggests a weak or negative trend. |
TSX:DRMC (11/17/2025, 7:00:00 PM)
38.97
-0.36 (-0.92%)
DESJARDINS RI CANADA - NET-Z / DRMC.CA FAQ
Can you provide the ChartMill technical rating for DESJARDINS RI CANADA - NET-Z?
ChartMill assigns a technical rating of 5 / 10 to DRMC.CA.
Can you provide the trend direction for DESJARDINS RI CANADA - NET-Z?
The current trend direction for DESJARDINS RI CANADA - NET-Z (DRMC.CA) is Bullish.
What is the RSI signal for DESJARDINS RI CANADA - NET-Z (DRMC.CA) stock?
DESJARDINS RI CANADA - NET-Z (DRMC.CA) has an RSI value of 47.2319. This indicates that the stock is currently neutral.
What is the MACD signal for DRMC stock?
The MACD indicator for DESJARDINS RI CANADA - NET-Z (DRMC.CA) has a value of -0.0554715, indicating a bearish trend.
Can you provide the short term momentum for DESJARDINS RI CANADA - NET-Z?
The short term momentum for DESJARDINS RI CANADA - NET-Z (DRMC.CA) is neutral.